ElvalHalcor’s Q1 profit dips 6% on weak aluminium prices

摘要

Greek aluminium and copper producer ElvalHalcor reported a dip inprofits for the first quarter of 2019 due to weak aluminium prices,according to a trading update published on Wednesday May 22.The company, a subsidiary of Belgium-based holding companyViohalco, reported gross profit of €40.4 million ($45 million) for thefirst quarter, down by 6% from €43 million in January-March 2018.ElvalHalcor attributed the fall in profits to lower aluminium pricesduring the period on an annual basis.